Russia

Unilever Exits Russia With Sale Of All Assets To Local Company

Unilever has sold its Russian business to Arnest Group, it said on Thursday, following a “complex” sales process.

Irish business confidence in output growth remains stronger than global average, according to the S&P Global Ireland survey for June.

Carlsberg sold more of its premium beer brands and saw price increases across all its main markets during the first quarter.

Nestlé has reported fill-year organic sales growth below expectations as the company continued to hike prices.

JDE Peet’s reported an organic rise in 2023 operating profit on Wednesday, after analysts had forecast a decline.

Danone is planning to sell its Russian business to a Chechnya-linked businessman, the Financial Times reported today.

Mondelez put new management in place at its profitable Russian business this week, internal memos seen by Reuters show.

Carlsberg has no right to sell the beer brand of its former local partner in some international markets, a Russian court has ruled.

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